Pivot3, a pioneer and innovator in the development of hyper-converged infrastructure (HCI) solutions, has announced a $45 million equity and bank financing closing today. Argonaut Private Equity, a new investor in Pivot3, joins S3 Ventures, InterWest Partners, Mesirow Financial Private Equity and the Wilson Sonsini Goodrich & Rosati investment fund in providing additional equity in this closing.
Pivot3, Inc., the pioneer and innovator in Hyper-Converged Infrastructure (HCI), continues to experience record demand for its HCI solutions in the desktop virtualization and video-based security markets, and across many vertical segments. Pivot3 marked a successful third quarter, driven by a significant surge in demand for the company’s hyper-converged infrastructure appliances. Transportation is a rapidly […]